Petrogrand: To Frac Zapadno-Ambarskaya to See if Commercial Flows are Possible
Following the results of the Petrogrand‘s well Zapadno-Ambarskaya N 6, drilled in 2012, the Board of Directors has decided to undertake hydro-fracking on the Well No. 6, on the Nizhnepaninsky license area. After an extensive review of the drilling results, the seismic data and with the application of modern modelling …
Petrogrand: Clarifies Gazprom Neft Partnership and Letter of Intent
On 21 February 2014, it was communicated to the market that Petrogrand AB had entered into a collaboration agreement with Gazprom Neft. Neither the contract negotiations with Gazprom Neft, the agreement itself nor the press release have been authorized or decided by the Board of Directors of Petrogrand. The referred …